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Aditxt more than doubles after Appili takeover deadline extended
** Shares of biotech firm Aditxt Inc ADTX.O rise 122% to $9.68** ADTX's acquisition of Canada-based drug developer Appili Therapeutics APLI.TO has been given extended deadline of March 31, after APLI granted waiver** APLI secured court approvals for transaction and its shareholders have voted in...Reuters
Tue, Mar 18
Gold miners gain as bullion prices edge up on Middle East tensions, US tariff concerns
** Shares of gold miners up, tracking rise in prices of bullion GOL/** Spot gold XAU= up 0.8% at $3,026.84/ounce. Prices climbed above $3,000/ounce for the first time on March 14** Gold prices anchored above the $3,000/ounce mark, as rising Middle East tensions and trade uncertainties due to U.S. Pr...Reuters
Tue, Mar 18
AM Best: US P&C industry swings to $22.9 billion net underwriting profit in 2024
By David BullMarch 18 - (The Insurer) - The personal lines segment drove the U.S. property casualty industry to deliver its first underwriting profit since 2020 with a $22.9 billion gain last year, more than reversing the $21.3 billion loss recorded in the prior year, according to statutory data com...Reuters
Tue, Mar 18
Why AST SpaceMobile Stock Slumped on Tuesday
AST SpaceMobile (NASDAQ: ASTS) stock fell 3.2% through 10:10 a.m. ET Tuesday on some disconcerting news out of the Securities and Exchange Commission (SEC).In a trio of stock filings Monday, AST advised that certain of its shareholders intend to sell at least 60,296, and possibly as many as 56.1 mil...The Motley Fool
Tue, Mar 18
EMERGING MARKETS-Latam FX, stocks fall in lead-up to global rate decisions
Brazil's JBS surges as company inches closer to US listingBrazil interest rate decision on Wednesday, Chile on FridayColombia's peso down after reports finance minister to leaveLatam stocks and FX down 0.2% eachBy Shashwat Chauhan March 18 (Reuters) - Most Latin American currencies and st...Reuters
Tue, Mar 18
Goldman upgrades Ralph Lauren to 'buy', raises PT
** Shares of apparel company Ralph Lauren RL.N rise 0.7% to $221.64** Goldman Sachs upgrades RL to "buy" from "neutral", raises PT to $286 from $280** Says co has more limited exposure to key near-term macro risks versus peers, including tariffs, department store slowdown, and the he...Reuters
Tue, Mar 18
Definity Financial hits one-month low as Swiss Re to sell entire stake in insurer
** Canadian insurer Definity Financial's shares DFY.TO fall as much as 6.5% to C$57.25 - their lowest since early February** Stock last down 4% at C$58.81** Swiss Re SRENH.S is selling ~11.6 million shares of DFY, or a 10% stake, in a block trade at a price of C$56.20 apiece** Post offering, Swi...Reuters
Tue, Mar 18
Sarepta tumbles after patient dies following gene therapy treatment
** Shares of gene therapy developer Sarepta Therapeutics SRPT.O slump 23% to $78.02, their lowest since 2023** SRPT says 16-year-old boy with Duchenne muscular dystrophy (DMD) died following treatment with its gene therapy, Elevidys** Says patient suffered from acute liver failure, known side effect...Reuters
Tue, Mar 18
Alphabet falls on $32 billion deal to buy Wiz
** Alphabet's shares GOOGL.O hit lowest in six months, last down 3.9% at $157.92** GOOGL to buy Wiz for $32 bln in its biggest deal, as it looks to sharpen its edge in the cloud-computing race against Amazon AMZN.O and Microsoft MSFT.O ** Rosenblatt Securities says its sources indicated that Wiz...Reuters
Tue, Mar 18
CANADA STOCKS-TSX dips as attention remains on Fed meeting
By Nikhil Sharma March 18 (Reuters) - Canada's main stock index was largely unchanged on Tuesday as investors awaited the U.S. Federal Reserve's outlook on interest rate and economic growth amid the trade war.The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 0....Reuters
Tue, Mar 18
LIVE MARKETS-Wall Street sinks with uncertainties overshadowing data
Main US indexes red: Nasdaq off most, down >1.5%Comm Svcs weakest S&P 500 sector; Real Est leads gainersEuro STOXX 600 index up ~0.5%Dollar ~flat; crude pares gains; gold up ~1%; bitcoin down >2.5%US 10-Year Treasury yield edges down to ~4.30%Welcome to the home for real-time coverage of m...Reuters
Tue, Mar 18
US STOCKS-Wall Street lower with Fed meeting, Trump-Putin call in focus
Nvidia edges lower ahead of annual software developer conferenceTesla slips after RBC lowers price targetGold miners gain as bullion prices hit record highIndexes down: Dow 0.49%, S&P 500 0.97%, Nasdaq 1.66%By Pranav Kashyap and Johann M Cherian March 18 (Reuters) - Wall Street's main ind...Reuters
Tue, Mar 18
Corning up as it upgrades plan to add $4 billion in annualized sales by 2026
** Shares of specialty glass maker Corning GLW.N rise ~1% to $47.3** GLW expects to add more than $4 billion in annualized sales by the end of 2026, compared with the earlier goal of $3 billion** Co now expects Q1 sales to exceed $3.6 billion, compared with earlier forecast of $3.6 billion** Co expe...Reuters
Tue, Mar 18
Warren Buffett Just Spent $2.6 Billion Buying 6 Different Stocks for Berkshire Hathaway's Portfolio. Here's the Best of the Bunch.
Warren Buffett hasn't seen very many compelling opportunities in the stock market over the past year. In 2024, he and his fellow portfolio managers at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) sold over $143 billion worth of equities. The holding company divested massive portions of its stakes ...The Motley Fool
Tue, Mar 18
Vincerx Pharma soars on QumulusAI merger deal
** Shares of drug developer Vincerx Pharma VINC.O rise as much as 47% to $1.22** VINC is planning to merge with QumulusAI, a private company that provides high-performance computing infrastructure for AI, the companies say** The planned merger would make QumulusAI a publicly traded company; QumulusA...Reuters
Tue, Mar 18
Truck maker Paccar dips as UBS downgrades on tariffs, emissions regulations uncertainty
** Shares of Paccar PCAR.O dip 0.4% to $100.72 early Tues after UBS downgrades to 'neutral' from 'buy', saying policy dynamics put a recovery in doubt** UBS cuts PT from $124 to $108 vs Wall Street median of $115, LSEG data shows** With uncertainty for government policy on both tarif...Reuters
Tue, Mar 18
3 Reasons I'll Be Taking Social Security Long Before Age 70
I must confess: When it comes to when I'll claim my Social Security benefits, I'm torn. There are good reasons to turn on the spigot early (you can start as soon as age 62) and good reasons to delay.Still, all things considered, I think there's a good chance I'll opt for earlier rather than later. C...The Motley Fool
Tue, Mar 18
Lucid rises after Morgan Stanley upgrades to 'equal-weight'
** Electric-vehicle maker Lucid Group's LCID.O shares rise 12.5% to $2.43 ** Morgan Stanley upgrades LCID to "equal-weight" from "underweight"** "We believe Lucid can re-rate with new leadership that has the potential to bring forth an executable AI strategy via partnerships,...Reuters
Tue, Mar 18
